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ATMs Compromised, $45M Taken

Posted by Soulskill on from the designed-for-redundancy-not-security dept.

An anonymous reader sends this news from the Associated Press: "A worldwide gang of criminals stole a total of $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then draining cash machines around the globe, federal prosecutors said Thursday. ... Here’s how it worked: Hackers got into bank databases, eliminated withdrawal limits on prepaid-debit cards and created access codes. Others loaded that data onto any plastic card with a magnetic stripe — an old hotel key card or an expired credit card worked fine as long as it carried the account data and correct access codes."

9 of 196 comments (clear)

  1. Afterwards.... by TheCRAIGGERS · · Score: 4, Funny

    And then they all hoped into their Mini Coopers and drove off into the sunset, leaving a stream of bills fluttering in the wind.

  2. Re:I wonder how much was skimmed by the bag men by Joce640k · · Score: 4, Funny

    Hey, if some guy around the world stole for me and skimmed a little off the top, would I care too much if I received $30,000,000 instead of the $35,000,000 I was thinking I would receive?

    Don't give up your day job and go into drug dealing, it won't work out for you.

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  3. Re:I wonder how much was skimmed by the bag men by slashdyke · · Score: 4, Funny

    Not to worry. I was not planning to.

  4. Re:Why wouldn't they work? by TheCRAIGGERS · · Score: 3, Funny

    Welcome to Slashdot Summaries, where the grammar is bad and the content mostly random.

  5. Re:Why wouldn't they work? by Frankie70 · · Score: 4, Funny

    I mean it's interesting that it worked, but why is that of note?

    If it's not of note, then why is it interesting?

  6. Re:Why wouldn't they work? by Anonymous Coward · · Score: 5, Funny

    Welcome to Slashdot: Where everything's made up, and the mod points don't matter.

  7. Re:Petty thieves by TrentTheThief · · Score: 3, Funny

    Oh, lord, that was good. I wish I could give you an up-vote or something.

    Would you accept this old hotel swipe card as a token of my esteem? It should work in any ATM.

  8. Re:Not ATMs, the debit card system by Anonymous Coward · · Score: 5, Funny

    So to clarify, the ATM's had the problem?

  9. Re:I guess US banks will re-evaluate.. by ArcadeMan · · Score: 3, Funny

    Put "Smart Chip Compatible" stickers on all ATMs and cards? I don't think a sticker would cost more than 13.82$USD.

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